Proton has returned to South Africa, and is launching with two luxury SUVs rolling out to dealerships across the country. The Proton X50 and the Proton X70 will be available …
Radarr Africa Business Desk
Radarr Africa Business Desk
The Radarr Africa Business Desk reports daily on companies, markets, banking, energy, technology and policy across Nigeria and Africa. Stories are reviewed and edited by The Radarr Africa Editorial Team in Lagos. Story tips and corrections: business@radarr.africa.
- BusinessSouthern AfricaTransportation & Logisitics
AngloGold Ashanti Limited, a global gold mining company has reported a solid performance for the first-half of 2022, with production three per cent higher year-on-year, an increase in total cash …
- AfricaAFRICA NEWSAirtelBusinessNewsTechnologyTelecommunicationsWestern Africa
Airtel Africa secures $125 million credit facility from Citibank
Airtel Africa, Africa’s leading provider of telecommunications and mobile money services, today, has announced the signing of a $125 million revolving loan facility from Citibank to support operations in its subsidiaries. …
- AfricaHealthcareNewsNigeriaWestern Africa
Health Insurance is now mandatory for Nigerians with the new NHIA Act 2022
The Director General/Chief Executive Officer, Nigeria Health Insurance Authority(NHIA), Prof. Mohammed Sambo, has said the new NHIA Act 2022, now makes health insurance mandatory for all Nigerians. Speaking at its …
- AfricaAFRICA NEWSBusinessInformation TechnologyNewsNigeriaTechnologyWestern Africa
Nigeria’s Broadband penetration hits 44.5% in July
Nigeria’s broadband usage has continued on the rise, moving up from 40.9% in February 2022 to 44.5% in July 2022 .A figure considered hopeful for achieving the national broadband target …
BetKing, Africa’s leading sports and digital entertainment company, on Saturday announced its entry into Ghana with a stakeholder event. The event, which was held at MultiChoice Ghana Limited on Saturday, …
- BusinessEastern AfricaFinance & ServicesInsurance
Kenya’s M-Pesa mobile money service offset against the risk of non-payment
Safaricom has taken up insurance worth $444 million (Sh52.9 billion) for its M-Pesa mobile money service as cover against the risk of non-payment by users and partners in its growing …
- Eastern AfricaEconomyINVESTMENTMarkets
German power manufacturer is set to establish its East African hub in Kenya
German outdoor power tools manufacturer The Stihl Group is set to establish its East African hub in Kenya. The subsidiary dubbed Stihl East Africa will be servicing clients in Kenya, …
Nigeria’s National Commission for Museums and Monuments has welcomed a decision by British curators to return artefacts that were looted in the 19th Century, from what was then the Kingdom …
- AfricaBanking, Finance & InvestmentBusinessSouthern Africa
Standard Bank gets slamed by judged for application against homeowner in arrears
Standard Bank and its lawyers have come under fire from a Durban High Court judge for taking shortcuts in an application against a defaulting home owner. The bank sought default …